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Nissan Reported Ready to Pump $550 Million into Lithium-Ion Battery Plants

by Edmunds.com Green Car Advisor on November 3, 2009

Nissan is ready to pump $220 million into its existing Japanese battery joint venture and an additional $330 million into a new lithium-ion battery factory in France that it would own with partner Renault, the Nikkei news service in Japan is reporting. ———- Renault Fluence ZE concept is stylized version of EV the French automaker plans to start selling in Israel in 2011. ———- Renault-Nissan Alliance chief Carlos Ghosn said just last month that the two companies were considering France as the location for a new battery plant, so the news from the Nikkei seems reasonable.

Originally posted here:
Nissan Reported Ready to Pump $550 Million into Lithium-Ion Battery Plants

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